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Biopolymers Market Size, Share Global Analysis Report, 2020–2026
Biopolymers Market By Product Type (Bio-PET, Bio-PE, Polylactic acid, Biodegradable polyesters, Others), By Application (Packaging, Fibers, Cosmetics, Agriculture seed coatings, Automotive interior parts, Others) and By End-User (Food and Beverages, Automotive Industry, Healthcare, Agriculture, Chemicals industry, Semiconductor & Electronics): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[220+ Pages Report] According to the report published by Facts Factors, the global biopolymers market size was worth around USD 5.4 billion in 2019 and is predicted to grow to around USD 12.1 billion by 2026 with a compound annual growth rate (CAGR) of roughly 11.2% between 2020 and 2026. The report analyzes the global biopolymers market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the biopolymers market.
The biopolymers market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire biopolymers market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Tons) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our primary respondents, the biopolymers market is set to grow annually at a rate of around 11.2%
- It was established through primary research that the biopolymers market was valued at around USD 4.8 billion in 2018
- Europe held the largest market share of the biopolymers market in terms of revenue, in 2018
- The “xx” category, on the basis of product type segmentation, was the leading revenue-generating category in 2018
- The “xx” category, on the basis of application segmentation, was the leading revenue-generating in 2018
Key Recommendations from Analysts
- As per our analysts, stringent government regulations for the usage of conventional plastics and packaging materials is anticipated to boost the biopolymer market
- In the biopolymers market, North America is anticipated to have the second-largest market share in terms of revenue
- Europe 2020, Horizon 2020, and Bioeconomy Strategy are some of the legal frameworks for the success of the bioplastic industry in Europe
- Huge research & development investment requirement for the development of biopolymers is one of the major challenges for the new entrants
- The cost-effectiveness of conventional plastics over biopolymers is the major factor hindering the growth of the global biopolymer market
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the biopolymers industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the biopolymers industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the biopolymers market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the biopolymers industry. The biopolymers market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the biopolymers sector. Key strategic developments in the biopolymers market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the biopolymers market are appropriately highlighted in the report.
Increasing awareness of the harmful effects of food packaging and the demand for environmentally-friendly packaging materials among the population of developing countries support the growth of the global biopolymer industry. The demand for biopolymers is also driven by strict government rules for the use of traditional plastics and packaging materials. In addition, fluctuations in petroleum prices and their declining sources contribute to a change in biopolymers because the primary materials used in biopolymer production are regenerative. The economic efficiency of conventional plastics over biopolymers is, however, the major barrier to growth in the world biopolymer industry. One of the major challenges for new entrants is the huge investment in R&D for the production of biopolymers. The growth of the global biopolymer market is driven by the poor mechanical characteristics needed by the plastics industry.
The biopolymers market research report delivers an acute valuation and taxonomy of the biopolymers industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 5.4 Billion |
Projected Market Size in 2026 |
USD 12.1 Billion |
CAGR Growth Rate |
11.2% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Plantic, BASF, DuPont, Durect Corp., BiotecGmbh, Novamont, Arkema, Biopolymer International, Ecospan, FMC Biopolymer, Braskem, and Others |
Key Segment |
By Product, Application, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the biopolymers industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the biopolymers industry is provided for the leading economies of the world.
The biopolymer market is segmented based on Product Type, Application, and End-User. On the basis of product type segmentation, the market is classified into Bio-PET, Bio-PE, Polylactic acid, Biodegradable polyesters, and Others. In terms of Application segmentation, the market is bifurcated into Packaging, Fibers, Cosmetics, Agriculture seed coatings, Automotive interior parts, and Others. In terms of end-user segmentation, the market is bifurcated into food and Beverages, Automotive Industry, Healthcare, Agriculture, Chemicals industry, Semiconductor & Electronics
Some of the essential players operating in the biopolymers market, but not restricted to include
- Plantic
- BASF
- DuPont
- Durect Corp.
- BiotecGmbh
- Novamont
- Arkema
- Biopolymer International
- Ecospan
- FMC Biopolymer
- Braskem
- and Others
The taxonomy of the Global Biopolymer Market by its scope and segmentation is as follows:
By Type Segmentation Analysis (Customizable)
- Bio-PET
- Bio-PE
- Polylactic acid
- Biodegradable polyesters
- Others
By Application Segmentation Analysis (Customizable)
- Packaging
- Fibers
- Cosmetics
- Agriculture seed coatings
- Automotive interior parts
- Others (medical implants)
By Application Segmentation Analysis (Customizable)
- Food and Beverages
- Automotive Industry
- Healthcare
- Agriculture
- Chemicals industry
- Semiconductor & Electronics
Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Plantic
- BASF
- DuPont
- Durect Corp.
- BiotecGmbh
- Novamont
- Arkema
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